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$200,000

331 AMHERST AVENUE UNIT 56, SARASOTA, FL 34232

3D Tour
Active318 days on market

Beds

4

Baths

3

Sq Ft

1,368 sq ft

Year Built

1972

Lot Size

13.21 acres

Garage

—

About This Property

Beautifully updated 4-bedroom, 3-bathroom condo offering spacious living and modern finishes throughout. This large end-unit features a fully renovated kitchen (2023) with upgraded cabinetry, countertops, and newer appliances, along with updated bathrooms (2023) and newer flooring. A new HVAC (2023) and new upstairs windows (2025) provide peace of mind, comfort, and energy efficiency. The layout includes an in-unit washer and dryer conveniently located in the kitchen, two assigned parking spaces, and generous storage options. With four full bedrooms, this home offers outstanding flexibility for families, multigenerational living, or investors seeking strong rental potential. Located in central Sarasota with easy access to shopping, dining, downtown, beaches, and major roadways, this property offers exceptional value and convenience. A fantastic opportunity to own a move-in-ready residence or a highyield investment property.

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #A4672714
StatusActive
Year Built1972
Stories2
Total Rooms9
ConstructionStucco, Wood Frame
RoofShingle
FoundationSlab
FacesWest
SubdivisionFAIRWAY OAKS
CountySarasota
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), Walk-In Closet(s)
FlooringLaminate, Tile
AppliancesDishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
LaundryIn Kitchen
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorLighting
Lot Size13.21 acres (575,521 sq ft)
Road SurfaceAsphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available, Electricity Connected

Parking

GarageNo

HOA & Community

HOAYes
HOA Fee$499 / Monthly
Senior CommunityNo

Financial Details

List Price$200,000
Original Price$249,900
Annual Taxes$2,248 (2024)
FinancingCash, Conventional, FHA, Other, Owner May Carry
ZoningRMF3
Parcel #2032121058

Directions

From I-75, take Exit 210 (Fruitville Rd) and head west. Turn left onto Honore Ave, then turn right onto Amherst Ave. Follow the road into Fairway Oaks Condominiums—the building will be on your left.

Location

331 AMHERST AVENUE UNIT 56, SARASOTA, FL 34232

Listing Information

OfficePREFERRED SHORE LLC
ListedNovember 22, 2025

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Home Price

$200,000

20% ($40,000)
6.75%

Loan Term

Principal & Interest$1,038
Property Tax (est.)$183
Insurance (est.)$150
Total Monthly$1,371
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How to Buy This Home

Multiple financing options available for this $200,000 home in SARASOTA.

🏛️

FHA Loan

$7,000 Down

Government-backed, low down payment. Credit scores as low as 580.

🏦

Conventional

$10,000 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Sarasota County SHIP

Varies

Income-qualifying Sarasota residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: June 23, 2026.

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